Envestnet Portfolio Solutions Inc. Grows Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,415,078 shares of the company’s stock after purchasing an additional 205,924 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.13% of iShares U.S. Treasury Bond ETF worth $31,938,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. ICA Group Wealth Management LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth $28,000. Morton Brown Family Wealth LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 1st quarter worth about $30,000. Criterion Capital Advisors LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth about $32,000. Wetzel Investment Advisors Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $52,000.

iShares U.S. Treasury Bond ETF Trading Up 0.1 %

GOVT traded up $0.03 during mid-day trading on Wednesday, hitting $23.30. 4,132,285 shares of the stock were exchanged. The firm’s fifty day moving average price is $22.79 and its two-hundred day moving average price is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.0606 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, July 1st.

About iShares U.S. Treasury Bond ETF

The iShares U.S. Treasury Bond ETF (GOVT) is an exchange-traded fund that is based on the ICE U.S. Treasury Core Bond index. The fund tracks a market-weighted index of fixed-rate nonconvertible U.S. Treasury securities with a remaining maturity of one year or more. GOVT was launched on Feb 14, 2012 and is managed by BlackRock.